Companies

Smithson Investment Trust : SSON

Smithson Investment Trust : SSON

With the Smithson Investment Trust, Fundsmith aims to provide investors with a similar investment experience to the Fundsmith Equity Fund, an open-ended mutual fund. Smithson Investment Trust’s investment policy is to invest in shares issued by small and mid sized companies with a market capitalisation (at the time of investment) of between £500 million to £15 billion (although the company expects that the average market capitalisation of the companies in which it invests to be approximately £7 billion) on a long-term, global basis.The company’s approach is to be a long-term investor in its chosen stocks. It will not adopt short-term trading strategies. Accordingly, it will pursue its investment policy by investing in approximately 25 to 40 companies as follows: